EghtesadOnline: Russian President Vladimir Putin said he agreed with Saudi Crown Prince Mohammed bin Salman to extend the OPEC+ deal at current production levels for the rest of this year and potentially into early 2020.
EghtesadOnline: Saudi Crown Prince Mohammed bin Salman says Riyadh prefers a confrontational approach to “appeasement” in dealing with Iran.
EghtesadOnline: Iranian foreign ministry spokesman Bahram Qassemi has rejected the recent anti-Iran remarks by Saudi crown prince, saying he’d better think about what happened to other regional dictators.
EghtesadOnline: Iran has lashed out at Saudi Arabia’s crown prince for making “injudicious and cheap” remarks against the Islamic Republic, saying his statements have no credit in the international community.
EghtesadOnline: Oil traded near the highest level in two years after Saudi Arabia’s Crown Prince, Mohammed bin Salman, ousted officials during an anti-graft probe in the world’s biggest crude exporter.
EghtesadOnline: Even by the standards of Crown Prince Mohammed bin Salman, whose meteoric ascent has put him on the cusp of the Saudi throne at the age of 32, the Saturday night crackdown was stunning.
EghtesadOnline: Saudi Crown Prince Mohammed bin Salman announced plans to build a new city on the Red Sea coast, promising a lifestyle not available in today’s Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources.
EghtesadOnline: Connecting Egypt to a new $500 billion Saudi city via a bridge across the Red Sea will require cooperation from Israel, analysts say. Could it one day help integrate the Jewish state with its Arab neighbors?
EghtesadOnline: It was a comment that stunned the people in the room. At an event Tuesday in Riyadh meant to highlight the kingdom’s influence in the business world, Crown Prince Mohammed bin Salman said Saudi Arabia was returning to “moderate” Islam and intended to “eradicate” extremism.
EghtesadOnline: A phone call between the leaders of Qatar and Saudi Arabia to help defuse a three-month political crisis ended up causing a fresh spat.